GTA home sales down thirteen percent between April and May but prices still rising TRREB
The frenzied pace of home sales that appeared at the start of the year is continuing to slow
The first vehicles are finally running on the Eglinton Crosstown LRT in Toronto
After part of the route was powered up for the first time earlier this month LRT vehicles are ready to test it out before it opens for public use and the first of six trains was shipped out and installed on the tracks yesterday
Here is where home values have increased the most in Toronto and it is not where you would think
Real estate in Toronto and all its frantic overpriced out of control fun progressively less affordable to progressively more people who now have to save for an average of twenty five years just for a down payment
Toronto Condo Market Reaping Benefits of Sky High Home Prices
For the past twelve months while all eyes have been on Toronto red hot single family housing market it seems as if condos were forced to sit on the back burner as a large swath of downtown residents suddenly turned their attention to finding more space in the suburbs
CMHC predicts COVID immunity will moderate pace of home sales prices by two thousand twenty three
The federal housing agency predicts sales will be slowed by increasing mortgage rates and high prices seen in existing home markets
Netflix Just Announced That It Is Setting Up A Brand New Office In Toronto
Toronto is turning Netflix and Chill into Netflix and Work
Toronto bans tall buildings in downtown neighbourhood and people just noticed
The changes were quietly pushed through on Wednesday after a number of public consultation meetings
Toronto real estate board dropping master bedroom term
Greater Toronto Area home hunters will soon spot a change to the property listings they browse
It is not just Toronto and Vancouver Canada housing bubble has gone national
When people picture red-hot real estate markets, they most likely think of soaring prices for the condos dotting Vancouver's skyline.
It is not just Toronto and Vancouver Canada housing bubble has gone national
When people picture red-hot real estate markets, they most likely think of soaring prices for the condos dotting Vancouver's skyline.
Breathtaking new condo and office tower proposed for the Toronto Islands
It was only a matter of time before they came for the Toronto Islands
Four trends that will shape Canadian real estate in this year
The pandemic has changed the way we live and work
CREA expects record home sales this year as market remains strong
The Canadian Real Estate Association is predicting home sales will be so strong they will reach record highs this year before starting to cool in next year
Canada housing market is clearly overheating but policymakers are not intervening
Lockboxes typically used by real estate agents to store keys for apartment and condominium showings are seen attached to a street lamp outside an area of condo buildings in downtown Toronto
Toronto housing market continues to blaze with average prices now topping one million dollars
Detached houses in the nine hundred and five communities surrounding Toronto experienced a particular surge
Off the charts How Canada real estate market defied expectations in the COVID pandemic
When the pandemic hit last March and lockdowns started many assumed the economic downturn would hammer real estate
Real estate prices in trendy Toronto neighbourhoods drop by thirty per cent
A report on price declines arrives just as Toronto real estate lobbyists are pushing back against proposed tax hikes on luxury properties
Are There More Financial Pockets to the Real Estate Industry Save Max Analysis on Real Estate Trends for This Year
Current MLS stats indicate an average house in GTA hit a new record in last year
Toronto had the highest rent arrears rate in Canada in last year
The COVID pandemic disproportionately affected Toronto hospitality and service workers and in turn the rental market
Toronto real estate agent shows home while tenants in self isolation
The home owner says the tenants did not show COVID symptoms and were self isolating due to close contact with a positive case
W shaped pandemic recovery could see house prices fall by fifty percent CMHC
The Canadian Mortgage and Housing Corporation says new risk assessments it conducted show a W shaped recovery from a pandemic could trigger a nearly fifty percent drop in housing prices and a peak unemployment rate of twenty five percent
Pandemic housing boom means affordability is no longer just a big city problem
Canada housing market closed last year with a bang another record setting month for both home sales and prices
Buying or selling key projections for Canadian real estate in this year
Human beings are obsessed with knowing the future
Five Canadian Housing Market Predictions for Next Year
It is safe to say that this year was a year like no other and as it draws to a thankful close it is time to start thinking about what is in store for Canada housing market in next year
Toronto Real Estate Market Has Little Evidence of Overvaluation CMHC
The Canada Mortgage and Housing Corporation says there is currently little evidence of overvaluation in the Toronto real estate market
This is how much home prices in Toronto are expected to rise over the next year
The price of homes in Toronto is set to keep on increasing if the latest expert predictions are at all accurate
Why are young Canadians leaving the cities they love
Take a trip go somewhere than to spend that money on a desk
How Covid will change the architecture of cities
Business of Design Week 2020 speakers on making them greener and less divided
Toronto New Condo Prices Soar To Nearly One Million As Sales Drop thirty two percent
Toronto downtown core is experiencing a condo sales slump
Canada House Price Index Has Hottest October On Record
We could be in for a typical correction one analysis predicts
Toronto is drastically cutting office space as remote work could become permanent
Whether you love it or hate COVID has brought on a new reality for many people
How the pandemic has turned downtown Toronto condos into challenging investments
Under ordinary circumstances the investment plan seemed sound
Canada House Prices Are Soaring Because Reality Does Not Matter Anymore To Things Like That
How is it that our stock markets and house prices look like this is the best of times
Will second wave of COVID burst Toronto real estate bubble
A lot has happened since that fateful Friday the 13th in March.
Toronto Is Getting Self Driving Shuttles To Make Your Commute Way Faster This Spring
Your commute could soon involve rides around Toronto in a self-driving car
How Will the Second Wave of the Pandemic Affect Toronto Real Estate
How will second wave of the pandemic this fall and winter affect people’s desire and ability to buy homes
Real estate market going through recalibration of supply demand
Collaboration with agents who are good at their job make me better at mine
Detached house prices in Toronto are still lower than peak in 2017
Zoocasa reports that despite a record-breaking summer for Toronto house prices, the demand for detached homes is still tempered
Detached house prices in Toronto are still lower than peak in 2017
Zoocasa reports that despite a record-breaking summer for Toronto house prices, the demand for detached homes is still tempered
Toronto top experts cast predictions for the fall real estate market
Our all star panel weighs in on the season most pressing questions
Mortgaging the future
Why people are leaving the big city and Toronto real estate
Toronto considering ambitious homeless housing plan in wake of COVID 19 pandemic
Toronto is considering an ambitious new plan to combat homelessness as the COVID-19 pandemic continues to exacerbate the issue.
Downtown Toronto condo rental listings jumped 80 per cent
Despite a huge increase in condo supply and declining demand, Toronto realtors are confident home prices will keep rising in 2020
Toronto real estate hits another all time high in July
A new report suggests potential Toronto home buyers have doubled during the COVID-19 pandemic
US Federal Reserve Canadian Real Estate Buyers Returned To Exuberance Before Pandemic
Canadian real estate buyers were heading all-in before the pandemic struck.
Cottage country real estate is booming as Toronto residents looking to leave the city in droves
Ontario’s cottage country real estate is seeing a boom since the COVID-19 pandemic took hold as city-dwellers look to the great outdoors for more space.
Toronto real estate market is rebounding fast as pandemic restrictions lift
Home sales are surging in Toronto once again this summer after a brief yet steep drop due to COVID-19
Waterfront Toronto ditches Sidewalk Labs vision of high tech sensor driven smart district at Quayside
Waterfront Toronto is ditching the vision of the high-tech, sensor-driven smart district that Sidewalk Labs wanted to create on Toronto’s eastern waterfront.
Suburbs Boom Toronto Fizzles As World s Major Cities Witness A Pandemic Exodus
The question is will people come back when the pandemic is behind us?
Pandemic puts strength of TO real estate market on display
Some analysts suggest that this is further proof of its seemingly eternal strength and resiliency.
Nearly half of prospective home buyers willing to consider virtual showings amid COVID 19
Nearly half of Ontarians who plan to buy a home in the next two years say that they are willing to consider going ahead with a purchase even if they can only view the property virtually
Ford s 11B Ontario Line likely won t be completed by 2027 source says
“I’d be lying to you if I said (the 2027 completion date) wasn’t challenged.”
Here is where rent prices are dropping the most in and around Toronto
it's a great time to be looking for a new place in Toronto at least in comparison to where we were at this time last year
34 percent of Torontonians Still Say They Want to Buy a Home in the Next Twelve Months
Regardless of unpredictability the COVID pandemic has caused for Torontos real estate market residents are still interested in buying a new home in the months ahead according to the new survey from Toronto Regional Real Estate Board
Loaded with cash real estate investors wait for sellers to crack
Sellers are currently willing to concede discounts of around 5 per cent while bidders are hoping for about 20 per cent off pre-pandemic prices
Some companies are killing the office for good and it could transform the way we live
The pandemic has forced companies to make crisis decisions and forced a lot of executives to see that remote working is a viable choice
What Can We Learn From the Failed Smart City Development Project in Canada
It was not just a mess but an obvious mess
Canadian banks expected to tighten home equity line of credit access as aid measures wind down
Banks may clamp down on HELOCs to reduce the risk of spikes in sour loans which the banks are already bracing for
Grassroots initiative helps find low cost rentals for frontline workers during pandemic
Property owners are offering up short term accommodations at reduced prices to nurses doctors and long term care staff
The hit to Torontos finances from COVID19 is scary Heres what it means for the average homeowners property tax
According to the city the COVID19 outbreak and response is costing Toronto 65 million dollars each week through a mixture of lost revenue and increased spending
We saw a major shift How did Covid19 impact the real estate market We asked TREBs senior analyst
TREBs senior analyst tells us how the pandemic has affected the real estate market
Will COVID19 have an impact on the housing market heres what RBC thinks
A report from RBC explains whether COVID19 will have an impact on the housing market
Prices continue to soar in Toronto real estate market despite COVID19 crisis
Toronto residents Mike and Andrée Sullivan are selling their century home after 27 years. Despite the COVID-19 pandemic, the city’s real estate market is showing few signs of slowing down.
Pre construction purchase from a builder
An overview of the process of buying what is known as pre construction from the builder.
Canadian banks slash prime rates again to 3 percent the lowest since 2017
The shrinking of margins by lower rates is set to combine with a potential recession to create a bleaker-than-expected year for Canadian lenders, investors and analysts said.
Short term rentals pinched by coronavirus fears
Short-term rental companies that lease homes and condo units may be uniquely exposed to the fallout of the coronavirus outbreak.
Virus driven interest rate cut could add kerosene to Canadas already hot housing market
Market poised for a hot spring — with lower mortgage rates likely to offset any major drag from the coronavirus
Rock stars of construction in high demand in Toronto North Americas fastest growing city
Demand for crane operators is soaring in and around Toronto where about 120 cranes rise from projects across the metropolitan area
CMCH says Unstoppable condo sales put Toronto market at risk of overheating
Condos are driving much of the momentum in the local real estate market, with the Toronto real estate board forecasting a further 10 per cent rise in condo prices this year.
Time to get serious about Torontos homelessness crisis
A year after encampments sprung up under the Gardiner, the war of words between housing activists and City Hall reaches a tipping point in the city's most marginalized neighbourhood
Drive until you qualify Mortgage stress test forces homebuyers further outside GTA to find house they can afford
TREB survey finds buyers had to adjust their expectations last year just as it expects home prices to rise nearly 10 per cent this year
How Will Coronavirus Affect Canadian Real Estate
MortgageCalculator is the industrys leading Financial Planning Tool that is designed to help real estate buyers compare current mortgage rates of multiple Canadian financial institutions
Could splitting mortgage costs with investors make housing more affordable Canadas top banker believes it would
Poloz has pointed out a need for banks and financial services in Canada to think more creatively about risk sharing and mortgages
Construction of rental apartments at the highest level since the 1970s
Urbanations Shaun Hildebrand said a total of Sixty Nine Thousand Five Hundred Sixty Four apartments were under construction or proposed for development by the end of 2019 but it will take time for those to become occupied
Mortgage rates fall further as buyers rush into the first open houses of 2020
The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, at 3.69%, according to Mortgage News Daily. That has an already competitive housing market heating up even more.
Canadian recession not expected in 2020 despite uncertainties
A recession is not expected in Canada this year despite a number of global uncertainties and trade tensions, according to a top Scotiabank economist, but growth will likely remain unexceptional
Things are looking up for real estate markets heading into 2020
After a disappointing 2018 when housing prices and sales declined 2019 has been a year of resilience for housing markets across most of Canada
Ontario federal government make One billion four hundred million dollars housing deal to help low income renters
Torontos low income renters may soon get some relief from the citys overheated market following the announcement of one billion four hundred million dollars rental housing benefit cofunded and agreed on by the provincial and the federal governments
Raising taxes to build Toronto is not just good it is necessary
Mayor John Torys plan to increase property taxes is good news for Toronto
Millennials Expected to Bolster Canada s Real Estate Market Next Year
Price increases of about three percent across the country have been predicted
Heres one thing you should be shopping for this holiday season
This is the best time of year to make one big ticket purchase new data suggests
How the portrait of a first time home buyer has changed since the stress test
One in four buyers say they had to cut back on expenses rely more on savings and buy a smaller home
Canada needs to ditch its addiction to real estate and start investing in technology
Tech companies make up only a paltry five per cent of Canada’s biggest exchange Of that just three stocks Constellation Software Shopify and CGL account for three quarters of the total value
How a property survey could have prevented a pricey court judgment
I am regularly surprised at how frequently a land survey is viewed as unnecessary when it could be considered the single most important document in a real estate transaction
Mortgage stress test has not solved housing supply problem
David Wilkes writes that an estimated 64 per cent of qualified buyers would return to the housing market if the mortgage stress test were adjusted
Big losers in Canadian election could be foreign real estate speculators
New taxes for non-Canadian buyers supported by both Liberals and NDP
Immigrant fuelled demand is helping to power Canadas housing market
As per a Royal Lepage Poll Immigrants buy twenty one per cent of houses and may purchase six hundred eighty thousand homes during the next five years
Appraisals are no longer required on some home sales of four hundred thousand dollars and under
Regulators raise appraisal threshold for first time since 1994
Real estate is still the best investment you can make today millionaires say and here is why
Billionaire Andrew Carnegie famously said that 90 percent of millionaires got their wealth by investing in real estate and we wanted to know whether this is still true
The Citys real estate plan makes sense if done right
A plan at City Hall to reorganize the citys real estate holdings that could save taxpayers money looks good on paper
Why and how I left my 610 dollar apartment in Toronto
I loved my apartment in Toronto
This Toronto garage actually costs almost 600 thousand dollars
Realtor calls it an interesting property that will no doubt draw demand
Condos now cost more per square foot than a detached home
Prices range from over 1000 dollars in Vancouver to just over 300 dollars in Calgary
Feds target congestion at Bloor Yonge station as part of 1 Billion Dollar GTA transit investment
Six stations will also be added to existing GO Transit rail corridor
GTA Market Update - Q4 2017
The GTA market is showing signs of a rebound, with a 12% increase in resale volume in October and slight increase in prices
TD hikes mortgage rates for rental properties and lengthy loans
TD will start charging borrowers an extra 10 basis points or 0.1 per cent for all fixed rate mortgages that take more than 25 years to pay back. They will also be executing an extra cost for mortgages on rental properties, which will charge borrowers 25 basis points more.
Ontario offers 1st-time homebuyers bigger tax break
The Ontario Government is looking to double the maximum tax rebate that is offered to first-time homebuyers alongside raising the land-transfer tax on house purchases over $2 million.
